APPLE Inc on Monday will hold its annual conference for software developers, rolling out new features in its operating systems for iPhones and iPads and possibly signaling a departure from Intel Corp’s (INTC.O) almost 15-year run supplying Mac computer processors.
Apple’s Worldwide Developer Conference comes as paid services sold through the App Store have become central to the Cupertino, California, company’s revenue growth as consumers have slowed the growth of iPhone upgrades. Apple takes a 15% to 30% cut of the sales developers make through the App Store, which is the only way to distribute software onto Apple’s mobile devices.
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